2015 01 08 Perimeter CID Brookhaven Development Authority Presentation

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    PERIMETERPriority Initiativesand Projects

    PCIDs Standard Template; Updated: Oct 03, 2013

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    EVOLUTION OF

    THE MARKET

    2

    Farm Land

    1960s

    I-285

    Opened 1969

    Suburbs/ Perimeter Mall

    early 1970s

    Congested Office District

    1990s

    Livable Center

    SustainablePlacemaking

    THEN& NOW

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    Primarily a corporate office,shopping and hotel district

    Disconnected by design

    Heavy traffic congestion

    Few connections and gateways

    across major highways Limited pedestrian mobility

    No ADA-compliant street crossings Under developed property

    Lack of multi-use developments Insufficient housing to jobs ratio Large surface parking lots and

    super blocks

    3

    PERIMETER 30 YEARS AGO

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    PERIMETER TODAY: CONNECTED

    5

    Perimeter is fast becoming a

    model livable center, offeringresidents and visitors connectivity

    and choice.

    Access to amenities like transit,

    shopping, dining and much more

    make the market an attractivechoice for small businesses and

    Fortune 500 companies.

    Pedestrian & Bike friendly

    Walkable access to 3 MARTA

    stations.

    12 business-funded free shuttles

    and 13 hotel shuttles to & from

    MARTA stations.

    More gateway connections

    underway.

    PCIDs

    Boundary

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    PCIDs and their partners make a difference in the lives of Perimeters workers,

    residents and visitors through transportation improvements that encourageconnectivity and access.

    $306.6 Million in tax revenues to the State of Georgia (2009)($77 Million more in annual tax revenues expected by 2018)

    City of Dunwoody: 71.3% net fiscal impact on budget

    City of Sandy Springs: 17.2% net fiscal impact on budget

    CID dollars can only be used for certain purposes as indicated by their

    individual State Legislation and local agreements.

    6

    THE IMPACT OF THE PCIDs

    Source: RCLCO 2009

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    PERIMETER MARKET STATISTICS

    33-million-square feet ofoffice space

    (total square footage comprises all office, office condominium, office loft,office medical, all classes and all sizes and both multi-tenant and single-

    tenant buildings including owner-occupied buildings)

    83% of market space occupied

    5,000 companies

    123,000+ employees

    $3.36 billion

    commercial real estate value

    7

    Sources: CoStar, Colliers, Atlanta Regional Commission, RCLCO 2009

    Since 1999, the PCIDS have leveraged

    $31.2 million of CID funds to gain $114.8 million

    from other resources for a total of more than

    $146 million worth of transportation and

    infrastructure projects for Perimeter.

    A Leverage of 4.7 to 1

    $31.2 M

    $114.8 M

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    Both small businesses and Fortune 500 Companies call Perimeterhome. Companies moving, expanding or renewing in the Central

    Perimeter market over the last few years include:

    At least 50 companies have their headquarters located in the CentralPerimeter Market 45 within the PCIDs four square mile boundary.

    8

    PERIMETER: THE LOCATION OF CHOICE

    Sources: Doreys Guide, Atlanta Business Chronicle, AJC, company websites

    Airwatch

    AFC

    AutoTrader.com

    Chep

    Cox Enterprises Eleckta Inc.

    Elavon

    Internap

    Krystal

    Kaiser Permanente

    Newell Rubbermaid Pacific Life

    Secure Works

    State Farm

    T-Mobile

    Ventyx

    And many more!

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    CENTER OF HEALTH & WELLNESS

    The Perimeter market offers easyaccess to some of the nations besthealth care.

    Major hospitals in Perimeterinclude:

    Childrens Healthcare of Atlanta atScottish Rite

    Emory/St. Josephs

    Northside Hospital

    Piedmont Heart Institute

    These world-class medical facilitiesrepresent a $3.04 billion annualeconomic impact on the MetroAtlanta region.

    9

    Source: Glenn Pearson, Executive Vice President, Georgia Hospital Association

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    MOVING FROM SUBURBAN TO EDGE CITYEdge city: an American term for a concentration of

    business, shopping, and entertainment outside a traditionalurban area in what had recently been a residential suburbor semi-rural community*

    10

    MIXED-USE DEVELOPMENTS with significant newhousing built on vacant lots & parking lots

    Transition of OUTDATED OFFICE PARKS TO

    RESIDENTIAL

    New developments at HIGHER PARKING DECKDENSITIES

    Implementation of PUBLIC SPACE STANDARDS

    (*Source: Wikipedia 2011)

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    Recognized by Governor Deal as a project of state-wide

    significance alongside the Ports of Savannah

    $710 million total funding package $10 million from PCIDs

    Project serves as a model for public-private partnership

    Improvements for I-285 at 400 include construction of new flyover

    ramps, new collector-distributor lanes and other facilities to aid

    east-west travel along I-285 and north-south travel on GA 400

    Improvements for GA 400 CD Lane System improvements will beprovided along I-285 from west of Roswell Road in Fulton County

    to east of Ashford-Dunwoody Road in DeKalb County (for a total

    distance of approximately 4.3 miles), and along SR 400 from

    Glenridge Connector to Spalding Drive, for a total distance of

    approximately 6 miles.

    I-285 at 400 Interchange system connects commuters tomore than 4000 businesses in the Perimeter community

    Improved access to I-285 at 400 allows for the expansion of a

    number of major companies, bringing more than 10,000 new

    jobs to the area between 2015 and 2017

    I-285 at 400 and GA 400 CD Lane System Facts:Project time frame:

    2015 - Environmental

    2016 - Construction begins

    2019 - Construction complete

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    I-285 @ GA-400 Interchange & GA-400 CD

    System Improvement to the Market CD System draws traffic from the Interstate

    mainline and arterial system while improving

    access

    DDI at Abernathy Rd and GA400 draws traffic due

    to improved operations and reduced delay

    Greatest estimated reduction in arterial traffic on

    Ashford Dunwoody Rd between I-285 and

    Perimeter Center West, and on Perimeter CenterWest

    Improves portions of:

    Roswell Rd

    Johnson Ferry Rd

    Hammond Dr

    Perimeter Center Pkwy Perimeter Center West

    Ashford Dunwoody Rd

    Chamblee Dunwoody Rd

    Reduction of 12,000 vehicle hours traveled per

    day (3+ million per year)

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    PERIMETER TRAFFIC

    OPERATIONS PROGRAM - PTOP

    14

    3 year program funded by a $3 million GDOT

    grant.

    Represents a partnership between PCIDs and the

    cities of Sandy Springs, Dunwoody and

    Brookhaven and the counties of DeKalb and

    Fulton. Includes the synchronization of 99 traffic signals

    along major, arterial corridors within and

    adjacent to the PCIDs to improve traffic

    congestion in the Perimeter business district.

    Together with the Ashford Dunwoody DDI and

    the Hammond Half-Diamond Interchange, PTOP

    helps to mitigate traffic and positively impact

    commute times.

    The new timing plans pay for themselves

    approximately every 3.9 workdays.

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    PCIDs Advanced Traffic Management

    Systems Grant $1M

    15

    In 2015 this $1,000,000.00 ATMS Grant will

    allow the PCIDs to:

    Expand the fiber optic network within the

    district

    Expand camera coverage in the district

    Collect real-time travel data (travel speeds

    and trip times)

    Add signal engineers to react to accident

    and congestion from a monitoring center

    Monitor the signals and cameras from

    within the district more effectively Explore adaptive/reactive infrastructure

    Explore priority signalization (busses,

    shuttles and circulators)

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    PCIDs Traffic Officer Program PCIDs annual budget for traffic officers is

    $680K

    Off-duty DeKalb County, Dunwoody, Sandy

    Springs and Fulton County officers direct

    traffic at up to thirteen (8 - Sandy Springs

    and 5 - Dunwoody) intersections of the

    Perimeter Business District during high-

    peak traffic times to help motorists travel

    safely and with ease.

    Traffic officers keep intersections clear and

    do not specifically direct traffic against the

    synchronized signal timing.

    The traffic officers work with our signal

    timing engineers and regularly

    communicate back and forth as theynotice issues in the district.

    The main concern is safety with this

    program.

    The traffic officer program continues to

    grow as the needs of the area expand

    and it is very important to us that our

    workers, residents and visitors make it to

    their destination without incident.

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    12 Private Office Complex Shuttles Office

    Complexes provide direct service to MARTA

    for their employees and guest at not charge.

    (Ravinia, Cox, King and Queen, State Farm,

    Perimeter Summit etc.)

    12 Private Hotel Shuttles - provided forguests visiting their hotels here in Perimeter.

    Glenlake/Embassy Row - The partnership to

    reinstate shuttle service was initially

    developed by the PCIDs with $30,000 seed

    money. $ 90,000 annual commitment from

    Partners: UPS, Kaiser Permanente, ColumbiaProperty Trust, Highwoods Properties,

    Embassy Row and Newell Rubbermaid.

    Currently serves 800 - 1,000 on/offs each

    week 400 - 500 cars off the road

    17

    PRIVATE SHUTTLES IN PERIMETER

    Glenlake Shuttle

    WINNER: 2011 PACE Award

    Most Innovative Program

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    PCIDs Circulator Initiative The PCIDs is in the process of

    advancing the implementation ofa privately-operated rubber tired

    circulator service to provide

    intraday service that

    complements existing private

    circulator services that connect

    businesses directly to MARTA railstations during peak commuting

    times.

    A previous study titled Perimeter

    Circulator Implementation, dated

    October 18, 2012, conducted a

    high level public survey toquantify demand for circulator

    service, and identified seven

    routes with corresponding service

    characteristics and costs.

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    In 2012 PCIDs was awarded $1M from the GTIB/SRTA in grant funding toadvance a concept plan for the Lake Hearn @ Peachtree Dunwoody Road

    Intersection in partnership with City of Sandy Springs

    PEACHTREE DUNWOODY ROAD @

    LAKE HEARN DRIVE

    19

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    Approximately five acres of park area will becreated as part of this effort, transforming the

    current utilitarian drainage facility and

    underused land under MARTA adjacent to

    Perimeter Mall into a focal point.

    PCIDs vision with this project is to create

    sustainable public green space and a signature

    urban park within the central Perimeter area.

    The park will play a vital role in the areas shift

    towards becoming a 24 hour market with true

    live-work-walk-play amenities.

    The Perimeter Park at Dunwoody Station

    Master Plan is being developed with public

    input to ensure it reflects the needs and

    interests of the surrounding communities as

    well as local businesses.

    PERIMETER PARK @ DUNWOODY

    MARTA STATION

    20

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    This $515K project is a partnershipbetween PCIDs/MARTA/City of

    Dunwoody

    $380K FTA Flex Funds from

    MARTA

    $135K PCIDs Funds

    Perimeters long blocks createdifficulty for pedestrians.

    Pedestrians tend to cross mid-block

    instead of walking long distances to

    intersections

    Partnership with MARTA will create

    a state of the art mid-block crossing

    at Hammond and the Dunwoody

    MARTA station.

    HAMMOND DRIVE AT MARTA MID-

    BLOCK CROSSING

    21

    This mid-block crossing will offer a

    safer alternative for the pedestrians

    who are riding MARTA or who arecrossing from one

    shopping/retail/dining area to another

    across Hammond Drive.

    Construction match and local

    partnership.

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    PCIDs Landscape/Hardscape

    Maintenance Program PCIDs maintains all

    landscaped medians

    and hardscape

    elements that we haveinstalled over the last

    fifteen years.

    The annual budget for

    this program is $240K

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    September 17, 2013 ARC funds the PCIDs

    Commuter Trails design phase for full

    funding of $500,000.00.

    This funding is to design the top four trails

    through GDOTs Plan Development Process and get them in a shovel-ready

    status. PCIDs strategy is to identify traditional grant funding opportunities in the

    future which will require PCIDs to put matching funds into the construction

    phase of the project.

    The PCIDs Commuter Trails system master plan outlines positive impacts to:

    o The businesses located within PCIDs boundaries

    o Transportation options by improving bicycle and pedestrian access toMARTA

    o Mobility for non-motorized users within Perimeter.

    o Commuter trips by increasing the utility of MARTA for Perimeter

    workers and residents

    o The commercial businesses within PCIDs boundaries

    Commuter

    Trails Project

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    Bicycle Implementation Strategy

    2014 LCI Grant to PCIDs of $100,000

    PCIDs is leading the advocacy for bicycle

    options as a business model of successful

    commercial centers.

    Bringing the private sector to the table to

    understand the interplay of each marketsector with the emerging trends towards

    active lifestyles, live/work/play districts

    and lifelong communities.

    This strategy will be the blue-print of how

    we make the PCIDs a truly bike accessible

    market for those who wish to chose thismode.

    l l

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    PCIDs Travel Models

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    GIS Database Perimeter CIDs Specific: Perimeter CIDs and Municipality

    Boundaries

    2008 and 2013 Parcels

    Tax Assessors Data including landuse code, land use description,

    assessed value, appraised value,

    acres, etc..

    PTOP Signals

    Co-Star Economic Data: Building size, use, leased vs.

    vacant space, and parking

    information

    Municipality Specific Data:

    Census

    Zoning

    Roads

    Developments of Regional Impact

    (DRI)

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    FISCAL AND ECONOMIC IMPACT

    ANALYSIS

    Fiscal Impact Analysis: to

    show the impact of the

    PCIDs on the local and

    state government budgets

    Economic Impact Analysis: to

    show impact of increased

    development and its value to

    support improvements such as

    I-285 at GA 400 Interchange

    project

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    PTSC is funded by a federal grant managedby ARC with PCIDs providing the required

    20% match for the program

    The Perimeter Transportation and

    Sustainability Coalition reduces demand on

    Central Perimeter roads and highways by:

    Encouraging and rewarding transit use

    Ridesharing

    Bicycling

    Walking

    Alternative work arrangements

    PTSC partners with employers and property

    managers to raise awareness of commute

    options and shift commuter behavior away

    from single-occupant vehicles and help

    create a more competitive, economically

    healthy, and greener Perimeter